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  1. Caromb15
    174 Posts.
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    26/10/10
    15:05
    Post #: 7386837
    Yes bhn looked that way to me too.

    Cracow costs were $550 per oz but Edna May costs not stated. It worries me a bit when costs are hidden.

    EM Production 13413 at 1557 is equivalent to 20.9 m sales.
    Processing+Mining costs included at 16m
    Admin 2.5 m plus project development 4.5 m makes total costs for the one mine greater than earnings.

    So desperately need higher production and lower costs at EM to pay off the 62m debt.

    Am I missing something?
    CAH Price at posting: $2.01 Sentiment: Hold Disclosure: Held
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    lightbulb Created with Sketch.  Great analysis
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Currently unlisted public company.

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